EXCEPTIONAL FREEHOLD MIXED-USE INVESTMENT PORTFOLIO - STOKE NEWINGTON
An outstanding and rarely available opportunity to acquire a substantial freehold investment portfolio in the highly sought-after and vibrant heart of Stoke Newington. Offering an attractive combination of established rental income, full occupancy, multiple residential assets and significant potential for future income growth, this is an exceptional proposition for investors seeking to acquire a sizeable, income-generating property portfolio in one of North London's most desirable locations.
Occupying a secure gated site, the development comprises an impressive collection of 17 self-contained residential apartments and one commercial office, arranged across four separate buildings. The residential accommodation provides a diverse range of property types, comprising 10 one-bedroom apartments, two two-bedroom apartments, four three-bedroom apartments and one four-bedroom apartment. This varied accommodation mix caters to a broad rental market, helping to create a diversified income stream across the portfolio.
The properties are ideally positioned within Stoke Newington, an established and increasingly popular residential destination renowned for its independent boutiques, caf�s, restaurants, bars and excellent selection of local amenities. The area benefits from a strong sense of community, attractive residential surroundings and convenient transport connections, making it particularly appealing to professionals, couples, families and long-term renters alike. The location continues to attract strong tenant demand, providing an appealing foundation for sustained rental investment.
Established Income and Full Occupancy - The portfolio currently benefits from 100% occupancy, with all 17 residential apartments let on Assured Periodic Tenancies, alongside the commercial office, providing an established and immediate rental income stream.
The combined current rental income is approximately �444,000 per annum, representing a substantial existing income base for an incoming purchaser. The portfolio's established tenancies offer the benefit of an operational investment from day one, without the need to undertake an initial letting program or incur the associated costs and uncertainty of bringing vacant properties to market.
Significant Potential for Rental Growth - In addition to the attractive existing income, the portfolio offers considerable scope for rental enhancement. A review of the individual rental values indicates that a number of apartments are currently let below their estimated market rental levels, presenting an opportunity for an incoming investor to improve the overall performance of the asset over time.
Based on the estimated achievable market rents, the portfolio has the potential to generate an annual rental income in the region of �500,000, subject to prevailing market conditions, tenancy arrangements and the appropriate implementation of rental reviews.
This represents the prospect of a meaningful increase in annual income, offering investors the opportunity to enhance returns through effective asset management and a considered rental strategy.
A Compelling Long-Term Investment - The combination of freehold ownership, a substantial number of residential units, an additional commercial income stream and a secure gated setting.
Spencer James Residential is an independent estate agency established in 2002 specialising in all aspects of residential lettings, sales and property management.
We are serious about the pivotal role we play between our landlords and tenants; buyers and sellers. Our clients are assured in the knowledge that we work under an approved code of practice, due to our memberships with recognised industry bodies including: the Association of Residential Lettings Agents (ARLA); the National Association of Estate Agents (NAEA); and the Property Ombudsman (Sales a
Rent Schedule
PROPERTY CURRENT - RENT No. Beds Size of unit in m2 EPC Rating MARKET RATE
FLAT 1A, 129 �3,035.00 3 bed 69m2 D �3,050.00
FLAT 1, 135 �1,900.00 1 bed 49m2 D �1,900.00
FLAT 2, 135 �1,650.00 1 bed 45m2 C �1,850.00
FLAT 3, 135 �1,550.00 1 bed 41m2 C �1,850.00
FLAT 4, 135 �1,400.00 1 bed 48m2 C �1,850.00
FLAT 5, 135 �1,750.00 1 bed 44m2 C �1,850.00
FLAT 6 135 �1,500.00 1 bed 47m2 C �1,850.00
FLAT 7, 135 �1,750.00 1 bed 46m2 D �1,850.00
FLAT 8, 135 �1,350.00 1 bed 52m2 D �1,850.00
FLAT 1A, 137 �2,900.00 3 bed 69m2 C �3,050.00
FLAT 1, 137 �3,050.00 3 bed 84m2 C �3,050.00
FLAT 2, 137 �1,700.00 1 bed 35m2 C �1,850.00
FLAT 3, 137 �2,100.00 2 bed 46m2 C �2,100.00
FLAT 4, 137 �1,350.00 1 bed 46m2 C �1,850.00
FLAT 5, 137 �2,035.00 2 bed 47m2 C �2,100.00
FLAT 6, 137 �2,200.00 3 bed 81m2 D �3,050.00
FLAT 1, 143 �3,300.00 4 bed 95m2 E �3,300.00
Flat 1a, 143 �2,200.00 office 85M2 D �2,900.00
MONTHLY PCM �36,720.00 �41,150.00
YEARLY RENT �440,640.00 �493,800.00
Block 1
A well presented ground floor three double bedroom apartment with open plan kitchen diner/lounge with one bathroom currently rented out on an APT
Block 2
A block containing 8 x spacious one bedroom apartments over four floors all currently rented out on an APT
Block 3
A selection of 7 flats over 5 floors comprising of 3 x 3 bedrooms apartments, 2 x 2 bedrooms apartments and 2 x 1 bedroom apartments all fully occupied on APT
Block 4
A block comprising of two properties a four bedroom apartment rented out on a APT and an office on a lease.
summary
Set within a secure gated site, this substantial mixed-use development currently comprises 17 residential apartments and one office arranged across four buildings, including 10 one-bedroom apartments, 2 two-bedroom apartments, 4 three-bedroom apartments, 1 four-bedroom apartment and one office. All units are presently let on Assured Periodic Tenancies (APTs) and a commercial tenancy generating a strong annual income of approximately �444,000 with 100% occupancy.
The combination of freehold ownership, a substantial number of residential units, an additional commercial income stream and a secure gated setting makes this a particularly attractive proposition for investors looking to acquire an established property portfolio rather than individual properties.
The scale and composition of the development provide an opportunity to benefit from multiple rental income sources within one consolidated investment, together with the potential advantages of centralised management and operational efficiencies.
Whether acquired by an established property investor looking to expand an existing portfolio, a private investment company seeking long-term income-producing assets, or an investor looking to secure a substantial freehold holding in a prime North London location, this opportunity offers considerable appeal.
Investment Highlights
Rare opportunity to acquire a substantial freehold mixed-use investment.
Prime Stoke Newington location, close to shops, restaurants, caf�s and local amenities.
Secure gated development arranged across four buildings.
17 self-contained residential apartments.
Additional commercial office providing a diversified income stream.
Residential accommodation comprising 10 one-bedroom, two two-bedroom, four three-bedroom and one four-bedroom apartments.
100% occupancy across the portfolio.
All residential apartments let on Assured Periodic Tenancies, alongside a commercial tenancy.
Current combined annual rental income of approximately �444,000.
Potential to increase annual rental income to approximately �500,000.
Significant scope for rental growth through proactive asset management.
Attractive proposition for private investors, property companies and established portfolio landlords.
An exceptional opportunity to acquire a substantial, fully income-producing freehold portfolio with immediate rental returns and exciting potential for future income growth in one of London's most desirable residential locations.
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